For USDA and SBA lenders: Seasoning facilities
Do you delay high-quality loans because of capital constraints?
Improve profitability and increase liquidity with strategic short-term capital
Access up to $150m with a Growth Lending seasoning facility.
Our seasoning facilities enable you to maximize returns and optimize liquidity by participating out the government-guaranteed portion of your USDA and SBA 7(a) loans until they are sold on the secondary market.
Instead of waiting weeks to months to unlock the liquidity for your guaranteed loan portions which sell on the secondary market, Growth Lending immediately participates on up to 97% of the government-guaranteed portion.
This program is available to banks, credit unions, and non-bank lenders providing USDA and SBA 7(a) loans.
A great fit if you require:
Immediate liquidity
Access funds to bridge the 4 – 12 week gap between loan closing and sale on the secondary market, thereby improving your balance sheet efficiency
Accelerate funding
Our custom-built client portal enables streamlined document collection and standardized, efficient processes to ensure faster closings
Off-balance sheet
The facility is structured as a participation and true sale, so it doesn’t impact your balance sheet ratios and liquidity requirements
You keep control
You sell when and how you want on the secondary market
Don’t just take our word for it
See more success stories
“This has been a seamless process for us and we are very grateful to the professional team at Growth Lending for their support. They communicated well throughout the process and enabled our project to remain on schedule.”
Jeff Vernetti
General Manager
Ballparks National
How does a Growth Lending seasoning facility work?
Our seasoning facilities are a short-term solution for immediate liquidity on the guaranteed portions of your USDA and SBA loans. We have a streamlined process based on which encompasses five steps:
- Closing: You close a USDA or SBA loan with a guaranteed portion. We participate either immediately after the loan is funded or, if needed, at the time of the closing.
- Participation request: You submit a participation request to Growth Lending for the guaranteed portion. We verify documentation in 1-3 days.
- Immediate liquidity: Growth Lending provides capital of up to 97% of the guaranteed portion.
- Secondary market sale: You sell the guaranteed portion in the secondary market, realizing your premium.
- Repayment: The proceeds from the sale repay the facility.
Enquire now
Ready to get growth going? Let’s see how we can support you.
Access more cash, at an earlier stage than what is offered by non-specialist lenders
Maintain control with a covenant-lite facility and no equity dilution
Partner with a high calibre team, experienced at lending to high growth businesses